Union Bank of India
- P/E
- 6.3x
- 52-week range
- 140.8 – 205.49
- ROE
- 16%
- Sector
- Banks
- Industry
- Public Sector Bank
- Listed on
- NSE, BSE
About
Union Bank of India Limited is an India-based banking company. The Company’s segments include Treasury Operations, Corporate and Wholesale Banking and Other Banking Operations. The Company offers products in three categories, including personal, corporate loans and international. Its personal products include accounts and deposits, loans, which includes retail, micro, small and medium enterprises (MSME), wealth management, financial schemes and lockers/other services. Its corporate loans include trade finance, working capital, line of credit, project financing, and channel finance. Its international services include non-resident Indian speedy and easy remittances, Internet Banking, international debit/credit cards, home loans, special deposit schemes, and an online donation facility. It provides digital services, such as app banking, Internet banking, automated teller machine banking, self-service banking and immediate payment service (IMPS). It also provides foreign currency loans.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Public Sector Bank: 12 companies →Union Bank of India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)6.3 against a typical 7: cheaper than most peers (1st = cheapest).6th of 12
- Sales growth+8.3% against a typical +12.3% from a year earlier.11th of 12
- Profit growth+30.6% against a typical +23.7% from a year earlier.4th of 12
- Share price, 3 months+7% against a typical −5.1%.2nd of 12
Latest announcements
Exchange filings and their impact on the company.
- Q2 profit up 30% to Rs 5,537 cr on strong operating profit and lower provisions with asset quality at record best.
Union Bank of India reported Q2 FY27 standalone net profit of Rs 5,537 crore, up 30.3% from Rs 4,249 crore a year ago, on total income of Rs 32,809 crore and operating profit of Rs 8,108 crore, up 19%. Asset quality improved sharply with gross NPA down to 2.42% from 3.29% and net NPA to 0.42%, while advances grew 19.5% year-on-year. The stronger profitability and cleaner book support higher earnings, net worth and valuation over the next year.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | Stable | 7 Oct 2026 |
| ICRA | [ICRA]AAA | Stable | 26 Mar 2026 |
| India Ratings | Withdrawn | Stable | 16 Jan 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 7 Oct 2026 | Withdrawn | was CARE AAA | — | CARE | — | |
| 26 Mar 2026 | Reaffirmed | [ICRA]AAA | — | ICRA | ₹ 58,700 Cr. | |
| 13 Mar 2026 | Reaffirmed | CARE AAA | — | CARE | ₹ 13,200 Cr. | |
| 13 Mar 2026 | Reaffirmed | [ICRA]AAA | — | ICRA | ₹ 49,800 Cr. | |
| 16 Jan 2026 | Withdrawn | was IND AA+ | — | India Ratings | ₹ 54,850 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 19 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 30 Jul 2026 | Fund Raising | To consider Fund Raising |
| 15 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 26 May 2026 | Fund Raising | To consider Fund Raising |
| 23 Apr 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25,521 | 26,510 | 26,527 | 26,887 | 26,720 | 27,869 | 27,099 | 26,205 | 26,819 | 26,676 | 27,427 | 28,378 |
| Interest | 16,236 | 16,966 | 17,004 | 17,720 | 17,350 | 18,245 | 17,855 | 17,247 | 17,370 | 17,005 | 17,206 | 17,612 |
| Expenses | 8,012 | 9,365 | 9,367 | 8,686 | 8,096 | 9,673 | 8,844 | 9,056 | 7,994 | 8,744 | 8,388 | 8,410 |
| Financing Profit | 1,273 | 179 | 156 | 480 | 1,274 | −49 | 400 | −98 | 1,455 | 927 | 1,834 | 2,355 |
| Financing Margin % | 5% | 1% | 1% | 2% | 5% | 0% | 1% | 0% | 5% | 3% | 7% | 8% |
| Other Income | 4,281 | 5,102 | 4,799 | 5,926 | 4,614 | 6,223 | 4,869 | 5,550 | 5,183 | 5,999 | 5,233 | 5,094 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 5,554 | 5,281 | 4,954 | 6,406 | 5,889 | 6,175 | 5,269 | 5,453 | 6,638 | 6,926 | 7,067 | 7,449 |
| Tax % | 35% | 37% | 27% | 26% | 22% | 19% | 21% | 21% | 24% | 23% | 24% | 25% |
| Net Profit | 3,625 | 3,328 | 3,642 | 4,751 | 4,623 | 5,011 | 4,428 | 4,426 | 5,073 | 5,504 | 5,642 | 5,781 |
| EPS in Rs | 4.89 | 4.36 | 4.77 | 6.22 | 6.06 | 6.56 | 5.8 | 5.8 | 6.65 | 7.21 | 7.39 | 7.57 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 13%
- 5 Years
- 9%
- 3 Years
- 10%
- TTM
- 1%
- 10 Years
- 30%
- 5 Years
- 47%
- 3 Years
- 32%
- TTM
- 19%
- 10 Years
- 2%
- 5 Years
- 30%
- 3 Years
- 24%
- TTM
- —
- 10 Years
- 9%
- 5 Years
- 14%
- 3 Years
- 16%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Union Bank of India | ₹ 182.98 | — | 6.3x | — | 16% | — |
| HDFC Bank | ₹ 692.10 | ₹ 10,66,990 Cr. | 16.5x | 2.2x | 13.7% | 25.6% |
| ICICI Bank | ₹ 1,395.00 | ₹ 10,01,336 Cr. | 19.3x | 2.9x | 16% | 25.9% |
| State Bank of India | ₹ 957.00 | ₹ 8,83,384 Cr. | 11.8x | 1.6x | 15.4% | 21.4% |
| Kotak Mahindra Bank | ₹ 430.10 | ₹ 4,27,849 Cr. | 20.2x | 2.1x | 11.4% | 24.5% |
| Bank of Baroda | ₹ 231.00 | ₹ 1,22,758 Cr. | 6.4x | 0.8x | 12.7% | 26% |
Management
- Asheesh Pandey
- Chief Executive Officer, Managing Director, Executive Director
- Dhirendra Jain
- Chief Financial Officer
- Ashish Mishra
- Compliance Officer, Company Secretary
- Prafulla Kumar Samal
- Chief Compliance Officer
- Sowmya Sridhar
- Chief Risk Officer
- Amresh Prasad
- Executive Director
- Nitesh Ranjan
- Executive Director
- Ramasubramanian S.
- Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.